215, Balqis Residence 2
Sold prices and rental history: sold once, by the developer in May 2021, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 215, Balqis Residence 2
What is 215 worth today?
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Source: Dubai Land Department. Updated 9 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 2,220 sqft
- Floor
- 2nd of 11
- Parking
- G-54
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 39,500 /yr
- Last sold
- AED 1.8M · May 2021
- Building
- Balqis Residence 2
About 215, Balqis Residence 2
215 is a two-bedroom apartment of 2,220 sqft on the 2nd floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 25 May 2021 for AED 1,800,000, or AED 810 per sqft, in line with the AED 824 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 9 May 2026. The current contract, signed on 9 May 2026, is AED 190,000 a year: a gross yield of 10.6% on the 2021 price, before the service charge of about AED 39,500 a year.
Sales and rents for 215 over time
215 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Balqis Residence 2, and where 215 sits
All 83 2-beds →215 last sold in May 2021 at AED 810 per sqft, in line with what two-beds in Balqis Residence 2 were fetching at the time (AED 824). Over the last 12 months two-beds sold for AED 4,550,000 to 6,450,000, around AED 2,264 per sqft, and rent for AED 154,211 to 340,000 a year. 215's AED 190,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 1,957 sqft | 6,450,000 | 3,296 | ||
| 10 Sep 202610 September 2026 | 3,728 sqft | 6,222,800 | 1,669 | ||
| 24 Feb 202624 February 2026 | 3,728 sqft | 6,430,265 | 1,725 | ||
| 16 Feb 202616 February 2026 | 2,267 sqft | 4,900,000 | 2,161 |
Balqis Residence 2
Building147 apartments, 2-bed to 5-bed over 11 floors in Palm Jumeirah, completed in 2019 by Balqis Residence. 7 sold in the last 12 months.
- Typical price per sqft
- AED 2,161
- Typical sale
- AED 5M
- Typical rent
- AED 231K /yr
- Typical yield
- 4.9%
Other units on the 2nd floor
All 147 units in Balqis Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 3-bed | 3,047 sqft | AED 5.7MAED 5,700,000 · Sep 2022September 2022 | ||
| 202 | 5-bed | 10,179 sqft | AED 12MAED 12,000,012 · Oct 2025October 2025 | 500,000 /yr | |
| 203 | 5-bed | 10,051 sqft | AED 12.2MAED 12,200,000 · Aug 2009August 2009 | 240,000 /yr | |
| 204 | 4-bed | 8,702 sqft | AED 10.54MAED 10,542,280 · Nov 2022November 2022 | 480,000 /yr | |
| 205 | 4-bed | 8,460 sqft | AED 10.74MAED 10,736,040 · Nov 2022November 2022 | 450,000 /yr | |
| 206 | 3-bed | 8,686 sqft | AED 8.52MAED 8,516,469 · Oct 2021October 2021 | 520,000 /yr | |
| 207 | 3-bed | 7,759 sqft | AED 14.55MAED 14,550,000 · Jun 2024June 2024 | 220,000 /yr | |
| 208 | 2-bed | 2,507 sqft | AED 3.41MAED 3,410,000 · Aug 2009August 2009 | 275,000 /yr | |
| 209 | 2-bed | 2,622 sqft | AED 3.41MAED 3,410,000 · Aug 2009August 2009 | 125,000 /yr | |
| 210 | 2-bed | 2,213 sqft | AED 2.83MAED 2,830,000 · Mar 2023March 2023 | ||
| 211 | 2-bed | 2,180 sqft | AED 3.85MAED 3,850,000 · Oct 2025October 2025 | 126,500 /yr | |
| 212 | 3-bed | 2,569 sqft | AED 3.24MAED 3,237,080 · Nov 2022November 2022 | 295,000 /yr | |
| 213 | 3-bed | 2,938 sqft | AED 4.95MAED 4,950,000 · Sep 2024September 2024 | 295,000 /yr | |
| 214 | 2-bed | 2,267 sqft | AED 4.9MAED 4,900,000 · Feb 2026February 2026 | 115,000 /yr | |
| 216 | 3-bed | 3,042 sqft | AED 4.7MAED 4,700,000 · Aug 2009August 2009 | 300,000 /yr |
215, Balqis Residence 2 in numbers
- Sold once: by Balqis Residence on 25 May 2021 for AED 1,800,000, or AED 810 per sqft.
- Rented since May 2026 on one Ejari contract, at AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2021 price is 10.6%, before a service charge of about AED 39,500 a year (AED 17.81 per sqft).
- Two-beds in Balqis Residence 2 sold for AED 4,550,000–6,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,161 per sqft.
Source: Dubai Land Department. Updated 9 May 2026.
Questions about 215, Balqis Residence 2
What did unit 215 last sell for?
AED 1,800,000 on 25 May 2021, sold by the developer: AED 810 per sqft for 2,220 sqft. It is the only registered sale of the unit.
What is the rent for unit 215?
AED 190,000 a year on the contract signed on 9 May 2026.
How big is unit 215?
2,220 sqft (206.2 sqm): a two-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2019.
What is unit 215 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Balqis Residence 2 sold for AED 4,550,000 to 6,450,000 in the last 12 months, around AED 2,264 per sqft.
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Mortgage on 215, Balqis Residence 2
Starts from the last sale price (AED 1.8M, 25 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →